Fairfax Financial Holdings Limited (OTCMKTS:FRFHF - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $1,403.28 and traded as high as $1,434.92. Fairfax Financial shares last traded at $1,427.86, with a volume of 1,858 shares.
Analysts Set New Price Targets
Separately, National Bankshares restated an "outperform" rating on shares of Fairfax Financial in a research note on Monday, February 3rd.
Get Our Latest Report on Fairfax Financial
Fairfax Financial Trading Up 1.9 %
The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.45 and a current ratio of 3.65. The stock has a market capitalization of $32.99 billion, a price-to-earnings ratio of 8.99 and a beta of 0.80. The business has a fifty day simple moving average of $1,406.60 and a 200 day simple moving average of $1,358.91.
Fairfax Financial (OTCMKTS:FRFHF - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The financial services provider reported $50.42 EPS for the quarter, beating the consensus estimate of $43.72 by $6.70. Fairfax Financial had a net margin of 12.47% and a return on equity of 14.43%. The business had revenue of $7.74 billion for the quarter, compared to the consensus estimate of $7.51 billion. As a group, research analysts expect that Fairfax Financial Holdings Limited will post 166.85 EPS for the current year.
Fairfax Financial Announces Dividend
The firm also recently declared an annual dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 16th were given a $15.00 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a dividend yield of 1.09%. Fairfax Financial's payout ratio is 9.31%.
About Fairfax Financial
(
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Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.
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